It is amazing to see the trading patterns of North America. The three main actors in North America are the United States, Canada and Mexico. Canada’s domestic consumption is low and it relies more on foreign trade than Mexico or the United States. This despite being a country with high productivity, huge resources, and a relatively small population. (Barajas and al., 2014). The United States, on the other hand, is more dependent upon domestic trade. They have a higher per-capita consumption and a large domestic market. The United States has seen a surge in domestic and international commerce since World War II. Around one-fourth (or about a quarter) of all total commerce is conducted in America’s internal market. Mexico plays a key role in international commerce. Particularly, Mexico’s government has concentrated on producing a large variety of goods for export to the region, which includes oil and some metals, as well as tropical crops.
Canada’s national commerce is dominated by Ontario and Quebec. These provinces played an important role in Canada’s production of large quantities of manufactured goods for many decades. Canada exchanged these products for timber and fruit from British Columbia over the centuries (Blair 2017, 2017). Canada has a large supply of red meat for the region as well as the rest of the world. To meet its growing population, the United States imported snacks, oil, natural gas and processed foods from Canada in recent years.
Mexico imports mainly raw materials that fuel the country’s domestic industries, and made items to fulfill local customer needs. Consumer goods, equipment, and care products are the top imports from Mexico. But, Canada and the United States are increasingly dominating Mexico’s domestic commerce. The United States accounts for the bulk of Mexico’s exports and imports, for example (Davis & Lucier, 2021). Mexico’s past efforts to increase its Canadian exports has been to provide leather products, textiles, vegetables and winter fruits.